India 10 year Govt bond yields

Bond yields in India

What this graph shows the interest yield on the 10 year Indian Government bond over the past 5 years. We can clear see that yields, after a bottom near 2013 of about 7.3%, have now (~2017) come to a value of 6.5% after hitting highs of 9%. This means that overall interest rates are down and is because of significant lower rate of inflation